# Wheat, Rice Prices Surge in Coronavirus Lockdown | Feed & Grain

> Wheat and rice prices have risen sharply as import-dependent countries ramped up purchases during the coronavirus pandemic. Some countries are restricting agricultural exports and grain movement is becoming difficult within and across borders.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/50691-wheat-rice-prices-surge-in-coronavirus-lockdown-feed-and-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Panic buying and export restrictions tighten available supply of staple grains, pushing prices higher and raising the cost of feed-adjacent cereals.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-01-31 | [Feed weekly outlook: Prairie wheat, barley prices still look good - Grainews](https://feedsoft.ai/events/61159-feed-weekly-outlook-prairie-wheat-barley-prices-still-look-good-grainews.md) | -0.8% | -5.9% |
| WHEAT | 2025-01-21 | [Export prices for barley in Ukraine reached the level of corn and feed wheat prices](https://feedsoft.ai/events/26576-export-prices-for-barley-in-ukraine-reached-the-level-of-corn-and-feed-wheat.md) | +3.4% | +5.7% |
| WHEAT | 2024-10-17 | [Barley prices in Ukraine follow wheat and corn prices up](https://feedsoft.ai/events/27941-barley-prices-in-ukraine-follow-wheat-and-corn-prices-up.md) | -1.1% | -2.1% |
| WHEAT | 2022-05-16 | [Wheat prices rocket on India export ban. London, Paris futures set record highs - Grain Price News](https://feedsoft.ai/events/41448-wheat-prices-rocket-on-india-export-ban-london-paris-futures-set-record-highs.md) | +4.0% | -0.3% |
| WHEAT | 2026-03-12 | [Feed grains weekly: Prices bump up - Grainews](https://feedsoft.ai/events/20233-feed-grains-weekly-prices-bump-up-grainews.md) | -0.2% | -2.1% |
| RICE | 2026-01-02 | [Rice prices in Zamboanga surge \| Daily Tribune](https://feedsoft.ai/events/9170-rice-prices-in-zamboanga-surge-daily-tribune.md) | +3.5% | +15.0% |
| RICE | 2023-05-01 | [India Non-Basmati Rice Export Prices Surge.](https://feedsoft.ai/events/36007-india-non-basmati-rice-export-prices-surge.md) | +3.9% | -1.8% |
| RICE | 2020-04-29 | [The Coronavirus Pandemic Has Created A Major Opportunity For U.S. Rice](https://feedsoft.ai/events/9192-the-coronavirus-pandemic-has-created-a-major-opportunity-for-u-s-rice.md) | -4.2% | -3.0% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15393371/wheat-rice-prices-surge-in-coronavirus-lockdown

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.